­ Partners Real Estate Investment Trust announced that it has finalized a bridge financing with a large Canadian Bank. The bridge financing closed and is for $4.64 million, matures December 31, 2018 with an interest rate of prime plus 3.0%. Partners will devote $1.3 million of the monies towards the repayment of a first mortgage at the Shoppers Drug Mart Pembina property, in Winnipeg Manitoba and $2.0 million towards the final repayment of the outstanding monies owed on the REIT's maturing Credit Facility with First National Financial. The remaining net cash proceeds of $1.3 million prior to financing costs, will be utilized for general corporate purposes.